A blind trust overseeing Gov. Wes Moore’s investment holdings will have to divest a large portion of the Democrat’s holdings in the state’s growing cannabis industry.
The acknowledgement of what is called a rebalancing comes as Moore announced the creation of the blind trust — what is believed to be the first by any Maryland governor since Republican former Gov. Robert L. Ehrlich Jr.
“This blind trust is a continued effort on behalf of Governor Moore to serve Maryland in the most transparent way possible,” Carter Elliott, a Moore spokesperson, said in a statement. “This will ensure the governor is removed from even the appearance of potential conflicts of interest that could arise as a result of his duties as governor and further demonstrates his commitment to serving the people of Maryland to the best of his ability ethically, transparently, and effectively.”
The document released Monday follows the filing of the governor’s new financial disclosure. The document covers the 2022 calendar year. It updates an earlier report for the 2021 calendar year filed by Moore a year ago as a candidate for governor.
Click here to read the rest of the article written by Bryan Sears over at Maryland Matters
